Category: Articles & Publications

The Journal of Corporate Renewal: The Offshore Perspective: Five Fundamental Questions for a Liquidator By Margot MacInnis, Managing Director, KRyS Global & Mark Forte, Partner, Conyers Dill & Pearman Once he has control of an entity and the investigations into what went wrong are underway, a liquidator and his advisors turn their attention to determining […]

INSOL Q1 2014: By Margot MacInnis, Managing Director, Cayman Islands Building a business, and making it successful and profitable takes a lot of energy and time, and any owner will tell you, it isn’t easy, but it’s rewarding.   At some point in the business lifecycle, the owner will be  looking for the exit, whether the […]

INSOL World Q1 2014, By Tim Le Cornu and Andrea Harris: It is common practice in the People’s Republic of China (“PRC”) for companies to be part of a structure headed by an offshore holding company.  This practice provides, amongst other things, access to foreign capital via debt or equity markets outside of the PRC. […]

INSOL World Q1 2014 By Timothy Le Cornu Chair, Association of Restructuring and Insolvency Experts (“ARIES”) KRyS Global, Guernsey The Association of Restructuring and Insolvency Experts (“ARIES”) was formed in the Channel Islands in September 2013 as a professional body for those practising, or interested in, restructuring and insolvency. ARIES membership of INSOL International was […]

Published January 2014 By: Kenneth Krys Published in: Cayman Financial Review – First Quarter 2014 A black hole, according to Wikipedia, is “a region of spacetime from which nothing, not even light can escape.” From a financial perspective, many consider that when money goes offshore, it enters a black hole. Bank secrecy, public corruption and the constant barrage of films and […]

By: Alyson Reilly and Samantha Wood Published in: INSOL World – Fourth Quarter 2013 Offshore centres, particularly in the Caribbean, have seen a number of large, high-profile, cross- border insolvencies.  With these comes a corresponding focus on the professional fees of practitioners charged with safeguarding and overseeing the affairs of the estate.  As transparency becomes not just a […]

By: Timothy Le Cornu and Scott Andersen Published in: INSOL World – Fourth Quarter 2013 When the Liquidator has Limited Financial Means the Liquidator may explore alternative sources of funding rather than bearing the risk of incurring irrecoverable fees and expenses. Alternative Funding Options The Liquidator may consider turning to creditors or independent third party funders (“Funders”).  These alternatives […]

By: Kenneth Krys Published in: IFC Economic Report Summer 2013 The IFC Economic Report speaks to Kenneth Krys about the effects that the global financial crisis has had on the asset recovery industry within IFCs.  Read More

By: Margot MacInnis & Antoine Powell Published in: Cayman Financial Review Where there’s smoke, is there fire?  Some red flags in hedge fund fraud Sometimes investors lose some or all of their investments at the hands of frauds perpetrated through hedge funds. Because of the services KRyS Global provides, the firm is brought in to investigate these […]

Round Table Discussion with Margot MacInnis, Rolf Lindsay & Nicoela McCoy Published in: Acquisition International – The Cayman Islands is demonstrating its commitment to the future by creating long-lasting partnerships and adhering to new international standards in regulation and transparency. With the OECD setting new global standards, the region is not alone in terms of adapting to change, […]